If your renting an apartment from someone and the owner gave no notice they lost the property, do i pay rent

Question

If your renting an apartment from someone and the owner gave no notice they lost the property, do i pay rent

Answer 1

How do you know your owner lost the property? Present that evidence to your landlord if he/she comes to collect.  If they still demand it after advise an attorney. In the meanwhile put your rent money in the bank until you know who it rightfully belongs to. Most Attorneys are free to consult with the first time.

Answer 2

depending on which country you are they may be different rule apply, generally the new owner will honor your lease contract so you can stay until your lease is expire (you still need to pay rent of course for the duration of your stay), and then you can check with the new owner when the lease is about to expire if they still want to continue renting the property or not.

Hope it helps.

Cheers

Answer 3

You pay rent to the old owner up until the date he loses the property, whether or not he is up-to-date on his mortgage. Once the property changes hands the new owner MAY wish to keep you on, though you'll have to negotiate a new lease.

Answer 4

Expert realtor is right and if you paid him any money since he lost it you can go to court to get that back plus other costs.

You can also refuse to leave and the bank might give you "cash for keys" to help you with your moving expenses, rather than take you to eviction court.

Answer 5

No.  Once the rental home falls into foreclosure, you can stop paying rent.

The foreclosure action legally ends your lease.

Answer 6

Normally you pay rent a month in advance.  If the person already lost the property, they don't own the property anymore so how can they charge you rent legally?  If they lost the property, I'd say that was a breach of the rent contract and I'd start looking for a new apartment.  What's the worst they can do but take you to court?  If they do, probably the worst that happens is you pay the rent you would have paid anyhow.  But my guess is that the judge would side with you.  Start gathering all of your paperwork together and looking through it.  You'll probably need it as evidence.  And it wouldn't be a bad idea to gather that paperwork and consult an attorney, the first consultation is normally free.